This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Planning for their child's college education, David and Carol Roberts opened an account paying 6.36% ... (Read 1057 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 6, 2019

Question 1

You have inherited some money and you want to set some of that money aside for ten years. After ten years, you would like to receive $7600.00 at the end of each 6 months for nine years. If the interest is 6.5% compounded semi-annually, how much of your inheritance must you set aside?

Question 2

Planning for their child's college education, David and Carol Roberts opened an account paying 6.36% compounded monthly. If ordinary annuity payments of $700.00 per month are to be paid out of the account for three years starting seven years from now, how much did the Roberts' deposit?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wenmo on Jun 6, 2019

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


wenmo

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 6, 2019
Thanks


jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jun 6, 2019
Welcome :)


unknown21

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Sep 11, 2019
thank you


Jaguar G.

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Apr 20, 2020
thank you


Shovit Sagar

  • Newbie
  • *
  • Posts: 1
Reply #6 on: Oct 28, 2020
Thank You


Balvinder Singh

  • Newbie
  • *
  • Posts: 2
Reply #7 on: Feb 26, 2021
thanku


Jccccc

  • Newbie
  • *
  • Posts: 1
Reply #8 on: Feb 27, 2021
Thank you


« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

This young child is pulling at the ear and acting fussy, two important signs of otitis media. This young child is pulling at the ear and acting fussy, two important signs of otitis media.
A nineteenth-century Japanese portrait of Commodore Matthew Perry, who “opened up” Japan in 1854. A nineteenth-century Japanese portrait of Commodore Matthew Perry, who “opened up” Japan in 1854.
The medical assistant will provide patient education regarding the daily use of diabetic glucose ... The medical assistant will provide patient education regarding the daily use of diabetic glucose ...
Planning, Implementing, & Evaluating Health Promotion Programs: A Primer (6th Edition) Planning, Implementing, & Evaluating Health Promotion Programs: A Primer (6th Edition)
Exceptional Children: An Introduction to Special Education Exceptional Children: An Introduction to Special Education
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library